LOOM │ LONG (4H) │ 29.10.2023

LOOMUSDT.P

Signals for level breakout

• bar/candles closure near the level;
  
• bar/candles closure near its high/low;
  
• close retest of the level;
  
• the instrument gradually approaches the level;
  
• accumulation of energy for level breakout;
  
• consolidation near the level;
  
• decrease in trading volumes before the level;
  
• a clear zone beyond the level;
  
• the instrument is being held from falling/rising in price;
  
• there is a reserve of calculated ATR;
  
• there is a reserve of technical ATR;
  

Trade Parameters

1. Open: 0.1264620;
   
2. Stop loss: 0.1256520;
   
3. Take profit:
   
   • 0.1288920;
     
   • 0.1297020;
     
   • 0.1305120;
     
   
   Disclaimer
   Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
   
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Trade closed: stop reached